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Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billionwww.cnbc.com/2025/03/25/ev-giant-byd-outpaces-tesla-with-annual-sales-of-over-100-billion.html
385 sats \ 1 comment \ @Coinsreporter 25 Mar Stacker_Stocks
Key Points
China’s BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.
In a filing published Monday, BYD posted a 29% increase in revenue from the previous year, bolstered by sales of its hybrid vehicles. This figure exceeded the $97.7 billion annual revenues reported by Elon Musk’s Tesla.
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121 sats \ 0 replies \ @Solomonsatoshi 25 Mar
China has won the trade war. The west simply cannot compete in terms of trade. Next comes obstruction of trade (tariffs) and potentially, military conflict.
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